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Philippines stocks higher at close of trade; PSEi Composite up 0.01%

Published 07/07/2017, 04:35 AM
Philippines stocks higher at close of trade; PSEi Composite up 0.01%

Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Banking & Financials, Services and Property sectors led shares higher.

At the close in Philippines, the PSEi Composite gained 0.01%.

The best performers of the session on the PSEi Composite were Metropolitan Bank and Trust Co (PS:MBT), which rose 3.63% or 3.25 points to trade at 92.75 at the close. Meanwhile, International Container Terminal Services Inc (PS:ICT) added 2.02% or 2.000 points to end at 101.000 and Aboitiz Power Corp (PS:AP) was up 0.50% or 0.20 points to 40.20 in late trade.

The worst performers of the session were Megaworld Corp (PS:MEG), which fell 1.50% or 0.070 points to trade at 4.590 at the close. Energy Development Corp (PS:EDC) declined 0.98% or 0.060 points to end at 6.040 and LT Group Inc (PS:LTG) was down 0.90% or 0.140 points to 15.500.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 104 to 102 and 46 ended unchanged.

Gold Futures for August delivery was down 0.20% or 2.41 to $1220.89 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.89% or 0.86 to hit $44.66 a barrel, while the September Brent oil contract fell 1.77% or 0.85 to trade at $47.26 a barrel.

CNY/PHP was down 0.16% to 7.4425, while USD/PHP fell 0.10% to 50.620.

The US Dollar Index Futures was up 0.17% at 95.74.

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